RUSAL plant's losses double

17 November 2010 (11:50)

The net loss of UC RUSAL's Polevskoy cryolite plant (calculated in accordance with the Russian Accounting Standards) rose by 2.2 times over January to September 2010 compared with January-September 2009, that is, up to 192.645 million RUR, the company's report states.

The plant's revenues increased by 10% and reached 613.842 million RUR.

According to the report, the increased losses were brought about by the dropping demand for the plant's produce.